Quote:
Originally Posted by spence
Most wealth taxes I've read about only target the super rich so most Americans wouldn't need to bother with them. They also seem to apply to only certain types of assets. I'm guessing there would have to be some level of self disclosure with the government always having the option for an audit if appropriate.
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That would be manageable I guess, and the revenue it would generate would be a rounding error in terms of our annual budget and total debt. Wouldn't it?